Updated Dec 21, 2023
Fausto Maldonado Sells Glendale Multifamily For $1.15M With Eddie Tolmasov - Exit Realty First Choice
6034 80th Avenue, Glendale, NY 11385
$1,150,000
$296/SF
Building Size
3,876 SF
Asset Type
MultiFamily
Closing
Aug 31, 2021
About this deal
AI
A multifamily property located at 6034 80th Ave. in Glendale has been sold for $1,150,000. The sale took place on August 31, 2021. The property spans a total of 3,876 square feet, with a price per square foot of $296. It consists of three units, with an average price per unit of $383,333.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Address: 6034 80th Ave.
- Market: Glendale
Fausto Maldonado was the seller of the property. The sale was facilitated by broker Eddie Tolmasov from Exit Realty FirstChoice.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93